Force Motors Limited has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company achieved a standalone net profit of ₹1,21,126 lakhs for the year. Additionally, the Board of Directors has recommended a final dividend of ₹50 per equity share (500%) for the financial year 2025-26, pending approval from shareholders at the upcoming Annual General Meeting.
Annual Financial Performance
For the financial year ended March 31, 2026, Force Motors reported robust growth with an annual revenue from operations of ₹9,05,654 lakhs compared to ₹8,07,123 lakhs in the previous fiscal year. The standalone net profit for the year stood at ₹1,21,126 lakhs, showcasing significant improvement over the ₹79,997 lakhs recorded in the previous year. The basic earnings per share reached ₹919.28 for the year.
Dividend Recommendation
Demonstrating commitment to shareholder value, the Board of Directors has recommended a dividend of ₹50 per share on equity shares with a face value of ₹10 each. This represents a 500% dividend payout, which will be disbursed subject to the approval of shareholders during the next Annual General Meeting.
Strategic Highlights
The company reported an exceptional income of ₹28,863 lakhs resulting from government incentives under the Madhya Pradesh Industrial Investment Promotion Assistance Scheme. Conversely, exceptional expenses of ₹7,739 lakhs were recognized due to liabilities arising from the implementation of New Labour Codes effective from November 21, 2025. Furthermore, the company successfully acquired Veera Tanneries Private Limited as a wholly-owned subsidiary for a total consideration of ₹16,196 lakhs on April 23, 2026.
Tax Regime and Compliance
During the fiscal year, Force Motors opted for the new tax regime (u/s 115BAA). This strategic shift led to the write-off of MAT credit entitlement of ₹559 lakhs and the reversal of a deferred tax liability amounting to ₹9,105 lakhs, impacting the overall tax expense recognized in the profit and loss account.
Source: BSE
